The Fibonacci System Explained

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Fibonacci betting system
Fibonacci betting system

Based on Fibonacci sequence, a math formula generally used by scientists to observe objects in nature and natural occurrences, the Fibonacci system is regarded as a roulette betting strategy with a safer approach, especially compared to Martingale method. Even though the system is of a progressive kind, the increase in bets isn’t that drastic in comparison with similar strategies, and despite a losing streak, the losses won’t be so overwhelming like in the case of applying Martingale. However, in addition to being safe, this strategy still gives an opportunity to win.

Fibonacci Sequence and The System

The sequence is relatively easy to explain by beginning with 1 and getting the next in line by adding two previous numbers in sequence with infinitive possibilities which would look something like this:

1 – 1 – 2 – 3 – 5 – 8 – 13 – 21 – 34 – 55 – 89 – 144 – 233 – 377 – 610 – 987

When it comes to using this sequence with roulette, it doesn’t matter which number to pick to begin with, though the lowest bet value is a good start in order to test the theory. Before you choose your starting bet, it is important to check the maximum bet you can place as the system may require some big bets at times.

The Fibonacci system is used for even money betting which includes Odd/Even, Black/Red and 1-18/19-36, the bets with approximately 50% chance to win. Following the sequence means betting according to numbers with each number representing the value of a bet, and by starting with 1 and continuing through the sequence until the outcome is a win. It might seem that if the first round isn’t successful, the system doesn’t work, but it’s a little more complex.

For example, if the first round is won, the sequence starts from the beginning. In case the progress in the line is bigger, a bet moves to the amount two numbers back. Getting to the beginning and managing to do so with profits is the way how the system successfully works.

Cons of the System

Without a doubt, the system can be of great help by protecting players from great losses compared to other strategies, however, there is no guaranty since the odds of the game remain unchanged. Moreover, it’s important to bear in mind the fact about losing streaks which no strategy can protect from, not even the safe one.

When approaching the Fibonacci system, it’s advised to look out for maximum bet limits at casino tables. In other words, since casinos usually set this limit to £100, and 89 in the sequence is the closest number, if, by the time 89 is wagered, a loss is an outcome, continuing gambling at the same table isn’t under advisement. Also, if the next bet can’t be covered due to a lack of funds while losing the current round, a massive loss is guaranteed.

All in all, the Fibonacci sequence can be quite helpful and it’s quite easy to understand, apply and even win a solid amount. Nevertheless, even though it might be entertaining to try it out, it’s important not to forget that no formulas will be able to calculate how to come out on top with games such as roulette.

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